Typically, Indiegogo is used by small-scale innovators looking to get a project off the ground. NeuroMetrix, a Waltham company, has stock that’s traded on the Nasdaq market and is worth about $13.4 million. The stock closed at $1.64 on Monday, up 1 percent.
The Boston Globe 03/03/2015
Neurometrix Sells Through Crowdfunding Site
Its over-the-counter product, the Quell, uses electrical pulses to trigger the release of pain-relieving endorphins and enkephalins by the brain. It might sound unusual, but it’s simply a consumer application of a nonaddictive therapy used by doctors that’s called transcutaneal electrical nerve stimulation, or TENS.
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